Due to constantly evolving financial and litigation environments, the issues that are most critical in the world of directors’ and officers’ liability insurance vary significantly over time. This overview addresses the most significant concerns of current interest for D&O insurance …
Guernsey’s government joined Bermuda’s in welcoming the final report of the ‘Foot Review’ [see IJ web site – https://www.insurancejournal.com/news/international/2009/10/30/104932.htm]. Guernsey’s Chief Minister Deputy Lyndon Trott stated: “In my view this report vindicates the position of Guernsey and the other Crown …
Democrats in the House unveiled a sweeping healthcare overhaul Thursday that would transform the insurance market, create a government-run insurance plan and levy new taxes on the rich. Weeks of closed-door negotiations to merge three House healthcare plans produced a …
Cell phones, smart phones, MP3 players, computers, e-mail, the list goes on and on of technological inventions that are part of our everyday lives. The observation that electronic data density doubles every 18 months—was first conceived in the mid-60’s by …
The Obama administration made gains Tuesday in its push for U.S. financial reform, unveiling a landmark bill to tackle systemic risk in the economy and winning congressional committee approval for a measure to expose hedge funds to more government scrutiny. …
Insurance holding company W. R. Berkley Corp. reported net income for the third quarter of 2009 of $98 million, compared to a net loss of $28 million for the third quarter of 2008. Operating income for the third quarter of …
Today, it’s all about doing more with less. But how do insurance agencies increase productivity while decreasing expenses? For many agencies, technology solutions are critical. If the focus in the first half of the year was pulling back, digging in …
Willis Group Holdings Limited has reported strong results for the third quarter of 2009 and the first nine months ended September 30, 2009. Highlights of the quarter ended September 30 included the following: — Reported earnings per diluted share from …
An article on the Lloyd’s of London web site (www.lloyds.com) discusses the success of an “innovative solution” which can make funding available to governments in the aftermath of a natural disaster. Disasters such as earthquakes and hurricanes “can have a …
In the year 2008, there was a 25 percent increase in suspected vehicle arson fraud in California, according to the state commissioner. Department of Insurance Commissioner Steve Poizner said that recently compiled statistics show that scam artists may be committing …
